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Dec 22, 2012
12/12
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we begin with the stalled fiscal cliff debate. president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are both positive and feel something can get done. while both sides are away, the away and president in hawaii, can they get something done? >> reporter: well, look, richard, this will be a working vacation for president obama and i can also tell you that staffers on both sides of pennsylvania avenue will be in talks over the next several days despite the fact that they are technically on vacation. will they be able to get manage done that is significant over the next several days? probably not. but of course, lawmakers will head back to d.c. after the christmas
we begin with the stalled fiscal cliff debate. president obama and his family are vacationing in hawaii and congress is on holiday recess. both sides are holding out hope that they will be able to reach a deal. >> this is something within our capacity to solve. it does not take this much work. we just have to do the right thing. >> of course, hope springs eternal and i know we have it in us to come together and do the right thing. >> listen to that, and it seems like they are...
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Nov 22, 2012
11/12
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the other question, this has been talked about as a fiscal cliff, but i later heard it described as a potential stair case, where there will be stages, rather than just one deal that ends it all. this may be something where it comes down a little bit more gradually. and you have republicans who want to say let's pass legislation now. we passed it in the house to keep the tax rates where they are, to stave off the fiscal cliffs. and democrats say we won't pass anything that extends the ratings for everybody. so the question is, what does this opening move look like. i don't think there will be much agreement on even what the opening move looks like, moving forward. >> we don't want to be pessimistic, it is almost thanksgiving, let's all just wish each other happy thanksgiving, and wish all of our politicians to come back afterwards and just get some deals done. thank you both very much for joining me. >> thank you for having us. >> and we'll be right back. con- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total
the other question, this has been talked about as a fiscal cliff, but i later heard it described as a potential stair case, where there will be stages, rather than just one deal that ends it all. this may be something where it comes down a little bit more gradually. and you have republicans who want to say let's pass legislation now. we passed it in the house to keep the tax rates where they are, to stave off the fiscal cliffs. and democrats say we won't pass anything that extends the ratings...
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Nov 25, 2012
11/12
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FOXNEWSW
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we have the fiscal cliff looming, we have unemployment still. very stubbornly, at highs. people don't have as much money. they have more time. but they don't have more money and they have a lot of uncertainty. >> with all of that, the shoppers just get even more stages. and then, there is this. of course, the retailers are tracking this, the shoppers are smarter. they don't have a lot of money, they have more time to spend t. they are tracking this. what's the takeaway for the retailers. >> retailers have to learn to adapt. they are learning to adapt to online sales. they are not just saying, we open our door, big deal busters, they are staggering them. basically, it's more safe. but they can bring in more people for different things. there is one advantage that brick-and mortar stores have. they can say, basically, here's a big deal. we are going to sell this big tv for $400 less. they bring in people. then people look around. they see, maybe i need this. they pick up that. for cyber-shoppers, basically, they go in for one thing, there is no real browsing, as much as it
we have the fiscal cliff looming, we have unemployment still. very stubbornly, at highs. people don't have as much money. they have more time. but they don't have more money and they have a lot of uncertainty. >> with all of that, the shoppers just get even more stages. and then, there is this. of course, the retailers are tracking this, the shoppers are smarter. they don't have a lot of money, they have more time to spend t. they are tracking this. what's the takeaway for the retailers....
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Nov 25, 2012
11/12
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will they come up with a way to avoid the fiscal cliff? finishes [ male announcer ] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. see if america's most prescribed ed treatment is right for you. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ mal
will they come up with a way to avoid the fiscal cliff? finishes [ male announcer ] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing,...
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Nov 26, 2012
11/12
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will the coming fiscal cliff put a damper on consumers and investments? >> chris: for all of you who survived black friday, here's something new to worry about. christmas is one month from today. a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers and investors in the final days of 2012? we turn to matthew shay, president and c.e.o. of the national retail federation and from newton, massachusetts, john sweeney, executive vice president of fidelity investments. mr. shay, what can you tell us about holiday shopping this long thanksgiving holiday weekend? are people buying? >> it looks like people are buying. the data looks like we had a very business, successful weekend. we know a number of retailers opened earlier, open on thanksgiving, and retailers have been piloting that the last three years. 24% of shoppers were out on thanksgiving by midnight. the numbers will show we did better. we're predicting a 4% increase over sales. last year we did 5.5% actual. i'm not sure we'll hit that
will the coming fiscal cliff put a damper on consumers and investments? >> chris: for all of you who survived black friday, here's something new to worry about. christmas is one month from today. a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers and investors in the final days of 2012? we turn to matthew shay, president and c.e.o. of the national retail federation and from newton, massachusetts, john sweeney,...
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like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom that and the media loves that yeah i do think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas if they're not really trying to work together there are three business channels running twenty four hours a day and it's good news nothing else is happening we're already caught in one so we move on and we just talk about the fiscal cliff correct i always carry every body everybody in their system even though nothing's really going to change because the economy sucks anyway oh i think it'll change i just don't think they're going to i think about whether or not americans are worried about the fiscal cliff the bottom line is the media is milking the crowd out of the for a while realistically n
like the fiscal cliff minimizes it yes or no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom that and the media loves that yeah i do think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas...
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Nov 26, 2012
11/12
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KTVU
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and, a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers, and investors, in these final days of 2012? for answers, we turn to matthew shay, president and ceo of the national retail federation and from newton, massachusetts, john sweeney, executive vice president of fidelity investments. mr. shay, what can you tell us about holiday shopping this long thanksgiving holiday weekend? are people buying? >> well, it looks like people are buying. the data we have got so far looks like we had a very busy, a very successful weekend. we know a number of retailers opened earlier. the they were open on thanksgiving and retailers have been piloting that the last three years and 24% who went out on the entire weekend were out on thanksgiving by midnight and i think the numbers will show, this year we did better than that. and we are predicting about 4% increase, in sales, over last year. last year we did 5.5% actual and that was very good, and, i'm not sure he'll hit the number but when we did the 4% forecast, it was pre-e
and, a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers, and investors, in these final days of 2012? for answers, we turn to matthew shay, president and ceo of the national retail federation and from newton, massachusetts, john sweeney, executive vice president of fidelity investments. mr. shay, what can you tell us about holiday shopping this long thanksgiving holiday weekend? are people buying? >> well, it looks...
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Dec 20, 2012
12/12
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. >> rose: i saw something today where we're talking about the fiscal cliff and that the president was worried because he worried that the republicans somehow didn't want to give in to him. they have some animus against him. >> i thought that was a strange comment. elections have consequences and i think the republicans need the election returns just like the democrats do. and he has a great deal of political capital. and how is he going to use in the a second term? in the interview we did in the oval office last week i thought he was much more assertive and up front about what his agenda is going to be and what he cares about and wants to try to do. he isn't running for reelection again. he never has to say i approve this message again. we will really start seeing what barack obama believes and what he cares about. >> rose: i just happened to last night at one of the christmas parties in new york city, james watson, nobel laureate, the man who taught us what the d.n.a. -- d.n.a. structure looks like. he said what that what he hoped most for the president would be big bold ideas, not u
. >> rose: i saw something today where we're talking about the fiscal cliff and that the president was worried because he worried that the republicans somehow didn't want to give in to him. they have some animus against him. >> i thought that was a strange comment. elections have consequences and i think the republicans need the election returns just like the democrats do. and he has a great deal of political capital. and how is he going to use in the a second term? in the interview...
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Dec 5, 2012
12/12
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what they want to see from this fiscal cliff issue, what they do instead is attack, attack, attack, smear, hate, but we don't hear specifics because if they actually admitted what they stand for, it would scare most persons. 91% tax brackets, you know. >> maybe we should do a segment on what they really believe. howard dean wants the country over the fiscal cliff. let's go to leftist talker randy rhodes. she had some very nice things to say obviously false about the nra. listen to this. >> i swear to you, the nra has this conspiracy floating that obama is a muslim brother hood creature that he's trying to get a third term like he's, i don't know, mayor bloc bloomberg. you better stock up on your guns anyway because he might do it, he just might do it, you just can't not buy a gun. what would jesus buy? there's a war on christmas. yeah. the people with the guns are waging it. it's very weird. >> very bizarre. i mean, is this -- how do you listen to hours of this vitriol. >> it's torture, but there's a bubble out there. there's a progressive bubble. you go to parts of the bay area or whatev
what they want to see from this fiscal cliff issue, what they do instead is attack, attack, attack, smear, hate, but we don't hear specifics because if they actually admitted what they stand for, it would scare most persons. 91% tax brackets, you know. >> maybe we should do a segment on what they really believe. howard dean wants the country over the fiscal cliff. let's go to leftist talker randy rhodes. she had some very nice things to say obviously false about the nra. listen to this....
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Nov 24, 2012
11/12
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s rising stars. >> the fiscal cliff is a creation of the political branch in washington, d.c. and an example of a dysfunctional process. that threatens our economy and millions of people across our economy. pete: is stalemate in washington stifling the economic recovery? joining us this thanksgiving week, peter baker of "the new york times." molly ball of "the atlantic." and jim tankersly of "national journal." >> award winning reporting and analysis. covering history as it happens. from our nationas capital, this is "washington week with gwen ifill." produced in association with "national journal." corporate funding for "washington week" is provided by -- >> we know why we're here. to chart a greener path in the air and in our factories. to find cleaner, more efficient ways to power flight. >> and harness our technology for new energy solutions. >> around the globe the people of boeing are working together. to build a better tomorrow. >> that's why we're here. >> this rock has never stood still. since 1875, we've been there for our clients through good times and bad. when the
s rising stars. >> the fiscal cliff is a creation of the political branch in washington, d.c. and an example of a dysfunctional process. that threatens our economy and millions of people across our economy. pete: is stalemate in washington stifling the economic recovery? joining us this thanksgiving week, peter baker of "the new york times." molly ball of "the atlantic." and jim tankersly of "national journal." >> award winning reporting and analysis....
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Nov 21, 2012
11/12
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. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out. >> if you appropriate some of the money you achieved by eliminating deductions and loopholes to the national debt, even though that may technically violate the pledge, sign me up. that's a reasonable accommodation for a republican to make. >> jennifer: for the record, that was senators john mccain and lindsey graham so the question is this grover norquist's last stand? here with an answer is donnie fowler. donnie of course, democratic strategist and great political operative. welcome back into "the war room." is it grover norquist's last stand? >> we can only hope. look, i think republicans should just say sign the pledge for the last election. not for this congress. it expired. there's only 39 of the 40 top senators and republicans -- six are freed. let his people go, grover. let your people go. >> jennifer: he ain't going to let them go. all of this is occurring in the context of the fiscal cliff negotiations and what lind
. >> i'm not saying it's dead but i am saying the majority of members of congress see the fiscal cliff we want to sit down and we want to get something worked out. >> if you appropriate some of the money you achieved by eliminating deductions and loopholes to the national debt, even though that may technically violate the pledge, sign me up. that's a reasonable accommodation for a republican to make. >> jennifer: for the record, that was senators john mccain and lindsey graham...
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Dec 1, 2012
12/12
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. >> the fiscal cliff now just 34 days away. >> we only have a couple weeks to get something done. >> this is not a game. >> i'll sign this bill as soon as congress sends it me way. >> susan rice faces more backlash. >> i still have many questions that remain unanswered. >> there are no unanswered questions. >> somebody somewhere is waking up filthy stinking rich. >> lottery mascot doing gangnum style for us this morning. >> the week centered on a big worry. >> this fiscal cliff. >> fiscal cliff. >> we could go off this fiscal cliff. >> we are facing a fiscal grand canyon. >> reporter: it's a big deal, question is, can these guys strike a deal? >> i have to repeat, i have a pen. >> reporter: meantime, damage control for u.n. ambassador susan rice, how to smooth things over this week with republicans after those benghazi talking points. >> extremist elements came to the consulate as this was unfolding. >> reporter: the didn't work, now, their talking points. >> we are significantly troubled. >> i want to say that i'm more troubled today. >> reporter: democrats shot back. >> they're not
. >> the fiscal cliff now just 34 days away. >> we only have a couple weeks to get something done. >> this is not a game. >> i'll sign this bill as soon as congress sends it me way. >> susan rice faces more backlash. >> i still have many questions that remain unanswered. >> there are no unanswered questions. >> somebody somewhere is waking up filthy stinking rich. >> lottery mascot doing gangnum style for us this morning. >> the week...
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Dec 5, 2012
12/12
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the fiscal cliff is a very different story. that's about reducing the deficit too fast. >> ifill: you call it an austerity bomb. describe what you mean by that. >> what's happening is that we are scheduled, unless something is done basically to do to ourselves gratuitously what has been happening to some of the european economies. we're going to have substantial spending cuts, substantial tax increases at a time when the dme is still very weak. of course that's a recipe for sliding back into recession. we set ourselves up with the land mine and the road in front of our economy which is not based on anything real, it's just based on our politicalness. >> ifill: speaking of political mess, both sides have what they say are opening gambits on the table. president obama at least his last week which calls for $1.6 trillion in revenues. the republicans came back with their own yesterday. as you looked at each approach, what do you see in that? >> well, i think it's important. i think the reporting has been a little weak on the republ
the fiscal cliff is a very different story. that's about reducing the deficit too fast. >> ifill: you call it an austerity bomb. describe what you mean by that. >> what's happening is that we are scheduled, unless something is done basically to do to ourselves gratuitously what has been happening to some of the european economies. we're going to have substantial spending cuts, substantial tax increases at a time when the dme is still very weak. of course that's a recipe for sliding...
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Dec 5, 2012
12/12
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. >>> talks between the white house and republicans over the fiscal cliff have ran to something of a holt. john boehner dealing with division in the gop's ranks to his bung budget plan. another shanghai surprise. china's mainland market surge nearly 3%. more austerity. plus, austerity measures are hitting european consumers. retail sales in october fall much more than expected. september also revised sharply to the downside. >>> it was a flat day really for european stocks, slightly negative for u.s. stocks yesterday. we are a little bit higher. the dow is currently some 43 points above fair value. the nasdaq is around four points above fair value. the s&p 500 at the moment is around about four points above fair value. european stocks are up half a percent earlier. we have come off those highs. eurozone pmis a little bit better than expected. but still deeply in contraction territory. uk services pmis dipped weaker than expected. the ftse up a quarter a percent. the ibex up around .2. also dragged down by disappointing retail sales. that's where we stand right now ahead of the u.s. o
. >>> talks between the white house and republicans over the fiscal cliff have ran to something of a holt. john boehner dealing with division in the gop's ranks to his bung budget plan. another shanghai surprise. china's mainland market surge nearly 3%. more austerity. plus, austerity measures are hitting european consumers. retail sales in october fall much more than expected. september also revised sharply to the downside. >>> it was a flat day really for european stocks,...
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Nov 25, 2012
11/12
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when you think about fiscal cliffs, there's known worse than the fall into poverty. you should know the perils of corporate journalism, the most powerful con -- you should know that principal journalists let their audience know when something is afoot. that's what happened in maine when an anchor team resigned on air. >> on behalf of cindy and me, we have loved every moment bringing the news to you and coming into the homes with your stories and the community and state and some recent developments have come to our attention and departing together is the best action we can take. >> they declined to offer specifics, but said "i just wanted them to know i was being honest and ethical as a journalist and there were times when i wasn't able to do that." want to find out what you guys think our audience should know? >> the first thing is that 98% of the american should have tax relief and democrats and republicans, the president and house and senate agree on that. it's the 2% we don't agree on, and the republicans could hold up tax release for 98% of americans. i think the
when you think about fiscal cliffs, there's known worse than the fall into poverty. you should know the perils of corporate journalism, the most powerful con -- you should know that principal journalists let their audience know when something is afoot. that's what happened in maine when an anchor team resigned on air. >> on behalf of cindy and me, we have loved every moment bringing the news to you and coming into the homes with your stories and the community and state and some recent...
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Nov 20, 2012
11/12
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address the deficit situation and the fiscal cliff in a way that is fair. what proposal do you have moving forward knowing the way that the hill works right now? what do you think could work best to do something with that front? >> well, you see when you say knowing the way the hill works, what you're really saying knowing that the hill is dominated by campaign contributors, lobbyists and wealthy individuals. what can we accomplish? well, that's one way of looking at it, thomas. the other way of looking at it is very radical. do what the american people want. have the president go out to every -- to the red states. if you go to oklahoma or mississippi and you ask people in those states, should we continue to give tax breaks to billionaires and cut social security, medicare and medicaid, you know what will they say in the reddest of red states? that's crazy, we shouldn't do it. in the last two budget negotiations in 2010 and 2011 democrats made huge concessions. extended bush's tax breaks for the rich, lowered the estate tax for the wealthiest people. what t
address the deficit situation and the fiscal cliff in a way that is fair. what proposal do you have moving forward knowing the way that the hill works right now? what do you think could work best to do something with that front? >> well, you see when you say knowing the way the hill works, what you're really saying knowing that the hill is dominated by campaign contributors, lobbyists and wealthy individuals. what can we accomplish? well, that's one way of looking at it, thomas. the other...
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Nov 27, 2012
11/12
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i think they might not want to distract attention on to themselves from the fiscal cliff by doing something we're not expecting but i think we probably have to carry. >> there is some hope. i heard at the beginning of this conversation, because i read your note cards, and you know i always listen to you. you're saying there is some potential for better news. >> i think actually we ought to be careful. i don't think we're going to get the good outcome is going to be a bill signed with all the details, is dotted and ts crossed. if they came up with a framework by december 20th that said this is how we're going to do it, agreed to this, we'll vote now to avoid the cliff. >> some good. >> that would be a good outcome. >> peter fisher, pleasure to see i. >>> now folks, warren buff tet at it again. pushing his same old millionaire's tax, but we have our own expert on millionaires and billionaires of the his name is robert frank, and he's found something that buffet either doesn't know or doesn't want you to know. that is next up on "kudlow." two years ago, the people of bp made a commitment to th
i think they might not want to distract attention on to themselves from the fiscal cliff by doing something we're not expecting but i think we probably have to carry. >> there is some hope. i heard at the beginning of this conversation, because i read your note cards, and you know i always listen to you. you're saying there is some potential for better news. >> i think actually we ought to be careful. i don't think we're going to get the good outcome is going to be a bill signed...
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david: wonder if we trade the guns to avoid a deal for the fiscal cliff. lauren: you're onto something. david: maybe. i don't think they would go for that. "money" with melissa francis is coming next. melissa: i'm melissa francis. here is what is money tonight. a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags on the way to extinction. they're completely banned in two cities. chicago wants to nix them. guess who is behind it? my favorite chicago alderman. i say stop the madness. but alderman joe moreno is here to disagree with me. even when they say it is a not it is always about money melissa: first let's take a look at today's mark
david: wonder if we trade the guns to avoid a deal for the fiscal cliff. lauren: you're onto something. david: maybe. i don't think they would go for that. "money" with melissa francis is coming next. melissa: i'm melissa francis. here is what is money tonight. a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural...
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Dec 11, 2012
12/12
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and almost no one is paying attention to it as we focus on the fiscal cliff and what will be an agreement, ifs reached, that'll amount to something in the neighborhood of a couple trillion dollars. >> and the forced union states are looking for tte federal government to bail them out. but more important than that, the dems, the democrats don't want to lose the forced union states -- lou: well, i'm not talking about the forced union states now, i'm talking about every state in the union. and the fact is that we're talking about unfunded ppnsion liabilities of $4 trillion, mallory. and -- >> but much worse in the forced unions. lou: excuse me, if i may finish. >> i'm sorry. lou: $4 trillion that no one is paying attention to, how will it be resolved? >> it's tough to resolve, but it's much worse. the point i was trying to make is it's much worse in the forced uniin states, much worse. it's almost double. that's one of the issues. we're going to have a big problem resolving that. it's going to be a major problem with services that are absolutely necessary not being able to be kept up because
and almost no one is paying attention to it as we focus on the fiscal cliff and what will be an agreement, ifs reached, that'll amount to something in the neighborhood of a couple trillion dollars. >> and the forced union states are looking for tte federal government to bail them out. but more important than that, the dems, the democrats don't want to lose the forced union states -- lou: well, i'm not talking about the forced union states now, i'm talking about every state in the union....
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Nov 18, 2012
11/12
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CNN
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about the fiscal cliff before shoppers head out to the stores. trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. >>> our top story all weekend has you know has been the crisis in israel and gaza. my colleague anderson cooper is now in gaza city with the latest. anderson? >> gary, another deadly day here in gaza, as you know, there was a strike by israeli defense forces, by the air force on what they say would be the house of a suspected hamas head of a hamas artillery unit. initially defense forces said they killed that head of the artillery unit but they have now backed off that? but we do know that ten members of the family who were living in this house, not the family of this hamas commander, but ten people were killed, including women and
about the fiscal cliff before shoppers head out to the stores. trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. >>> our top story...
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Dec 7, 2012
12/12
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then it was the fiscal cliff. there is always something out there holding companies back. i think this means this is the new normal. we have a distrust of washington. we are not sure the economy will get better and it's kinds of every man for himself. alisyn: thanks so much. the economy is the focus of a debate in michigan where an historic employment bill is about to become law. mike tow tobin is live from chicago. >> reporter: the point republicans are trying to sell is this does not target collective bargaining. all the legislation does according to republicans is make optional union dues and union membership for everyone other than police and firefighters. union members say it attacks their foundation and in all places, michigan, the cradle of organized labor. >> you will have people that will be working right alongside of you that will not have to pay union dues that you pay union dues but will still be able to get all the benefits from being a union member. >> reporter: unlike the drawnout labor standoffs we have seen. this moved rapidly through the legislature durin
then it was the fiscal cliff. there is always something out there holding companies back. i think this means this is the new normal. we have a distrust of washington. we are not sure the economy will get better and it's kinds of every man for himself. alisyn: thanks so much. the economy is the focus of a debate in michigan where an historic employment bill is about to become law. mike tow tobin is live from chicago. >> reporter: the point republicans are trying to sell is this does not...
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Nov 23, 2012
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let's get to fiscal cliff discussion. there are democrats who worry president obama will go too far to try to reach an agreement with republicans and we've seen labor groups out with their tv ads urging all the lawmakers to stand their ground, protect social security and medicare. do you think voters need to worry about this? >> of course. president obama has a bit of swag, shall we call it that, going into this new term. you've been overwhelmingly approved by the american people, now stand for them. represent their interests. use your bully pulpit in a way, in a positive way. president obama has reached across the aisle in such, i think, enthusiastic fashion he especially at the beginning of his first term only to have his hand barked at by and bitten by the republican reaction that was repugnant, sorry for those alliterations but the reality is there was a resistance to his agenda and his desire to reach across the aisle to work in a bipartisan fashion so now be chastened by that memory and defend those who voted for yo
let's get to fiscal cliff discussion. there are democrats who worry president obama will go too far to try to reach an agreement with republicans and we've seen labor groups out with their tv ads urging all the lawmakers to stand their ground, protect social security and medicare. do you think voters need to worry about this? >> of course. president obama has a bit of swag, shall we call it that, going into this new term. you've been overwhelmingly approved by the american people, now...
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Nov 29, 2012
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it is pretty clear there is long way to go before a deal is reached in the fiscal cliff talks but what is really happening behind the scenes we're not hearing about? there has to be something, right? this is my theory. illinois republican congressman peter roskam is the house chief deputy whip. welcome to the show. >> thank you. liz: what do you think? please tell me, it's going better behind the scenes than it seems to be going from the outside here, right? >> well, look --. liz: oh. >> house republicans are working, yes, speaker boehner put new ground on the table for house gop. that is to say we're willing to talk about revenues which is groundbreaking for house republicans. the president seems to be in full campaign mode right now. i think it was a mistake for him to go to asia but that is his prerogative. now he is out doing campaign events and stoking up the campaign base in order to win one fifth or one-fourth of the debate and that is is on the revenue side. but we haven't heard anything substantive from the white house in three weeks about spending cuts. where are the savings?
it is pretty clear there is long way to go before a deal is reached in the fiscal cliff talks but what is really happening behind the scenes we're not hearing about? there has to be something, right? this is my theory. illinois republican congressman peter roskam is the house chief deputy whip. welcome to the show. >> thank you. liz: what do you think? please tell me, it's going better behind the scenes than it seems to be going from the outside here, right? >> well, look --. liz:...
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Dec 8, 2012
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cliff. >> we can't sit here and try to figure out what works for them. >> we look forward to the time when they are specific. >> they need to be more specific. >> they have to be willing to come to the table with specifics. >> we've not had any discussion and specifics with this president about the real problem. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> i will not play that game. >> further apart than ever. you've heard endless arguing about higher taxes on the rich. let's set that aside and talk about the sequester the budget wonk word for a thing that will touch every american. $1.2 trillion in automatic budget cuts over the next decade, 100 billion next year alone, half in defense and half in non-defense, defense programs cut by 9.4% across the board and non-defense programs 8.2%. agencies are being told to identify the cuts. how will you feel them? fewer food inspections are likely. cdc budget cuts could make it harder to track food bo
cliff. >> we can't sit here and try to figure out what works for them. >> we look forward to the time when they are specific. >> they need to be more specific. >> they have to be willing to come to the table with specifics. >> we've not had any discussion and specifics with this president about the real problem. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> i will not play that game. >> further...
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cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donly in the s&p 500, the stock mo
cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the...
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Dec 2, 2012
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keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty to the market so they don't have this up and down action of congress. after four years in congress i have to tell you it's one of the most disturbing thing i've seen, the lack of foresite of looking two, three, four, five years down the road. everyone plays to the next week. give it about a 40% chance of some element. the big question is have the markets worked into some of their pricing on stocks and bonds and so forth, some of this anticipation of going over these fiscal challenges? i think they probably have to to a certain degree. but it will be a rou
keep in mind again, you know, people call it a fiscal cliff. when you go off a cliff you usually die. my view is there are challenges in front of us. we've had them before. this is pretty significant. but we have a plan in place. no one really likes it, but at the end of the day come january, these things start to happen. the deficit gets a reduction because the tax cuts go away, the budget cuts go into play. the question is are we going to have the wherewithal to give some long-term certainty...
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Sep 12, 2012
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we are talking about reaching the fiscal cliff and where do we invest our priorities. it's going to be a tough vote. i think that clearly egypt is going to have to say something in the next hour -- next couple hours. >> how about six hours ago? >> yeah. >> it's beyond me. i understand this guy is clearly, ruth, as you brought up, he obviously is worried more about domestic politics and his own stability of leadership. but this is -- to be crast, this is a checkbook mistake. >> on the foreign aid question. the first is it's not popular and the second is that out there it occupies a way bigger percentage in the u.s. budget. are these guys our allies? we don't know but we want them to be our allies and need them to be our allies. we are not giving them this money out of the goodness of our hearts, but we are giving them this money because it's in our national interests, and it's a complicated case. it's a case the president will have to be making. >> how much do you have the debate about the managing of the arab spring and the middle east politics and it's worthy of debat
we are talking about reaching the fiscal cliff and where do we invest our priorities. it's going to be a tough vote. i think that clearly egypt is going to have to say something in the next hour -- next couple hours. >> how about six hours ago? >> yeah. >> it's beyond me. i understand this guy is clearly, ruth, as you brought up, he obviously is worried more about domestic politics and his own stability of leadership. but this is -- to be crast, this is a checkbook mistake....
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i think though if the market saw there was at least a down payment on the fiscal cliff, something agreed to be picked up after the first of the year, i think equity prices would be eleased. if we see more polarization leading into the end of the year without any sign of anything getting done, i think that would weigh on equity prices. tracy: talk about what we should be doing because i think we're all kind of the notion this will not happen until december 31st, what could we do before that? should i move maybe my dividend paying stocks into my retirement account? >> you can do that under subject of limitations how much you can put into a retirement account in any given year and predicated whether you work for employer or are self-employed. that is one avenue, if you will of sheltering those growth stocks from taxation at some later point. it isn't going to do much to help you this year, in order to do that you would have to sell them and move the cash into the tax sheltered vehicle. but that said, i think it is prudent anytime to consider where you have sizable capital gains, taking some
i think though if the market saw there was at least a down payment on the fiscal cliff, something agreed to be picked up after the first of the year, i think equity prices would be eleased. if we see more polarization leading into the end of the year without any sign of anything getting done, i think that would weigh on equity prices. tracy: talk about what we should be doing because i think we're all kind of the notion this will not happen until december 31st, what could we do before that?...
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Nov 24, 2012
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that that's a priority and something that should be pursued in context of the fiscal cliff. the train is rolling and i think it's nice to see even some republicans now eventually realizing that taxes in particular tax fairness, does need to be a substantial part of this fiscal debate. >> but you just skated around my question, which is that if you're going to have real tax reform, almost every economist says the middle class is going to pay more, too. how are democrats going to handle that? >> i think the first thing you need to do is make sure the higher income households pay their share. comprehensive tax reform, where we can broaden the base and make sure we are both getting the revenue we need, but at the same time, the progressiveivity we need to make sure the middle class are still strong. the first step, the last decade, average family is not getting any type of raise when adjusted for inflation and you've seen the income of the highest income americans skyrocket. so the first thing we need to do is solve that problem, then we can have a broader conversation. >> every
that that's a priority and something that should be pursued in context of the fiscal cliff. the train is rolling and i think it's nice to see even some republicans now eventually realizing that taxes in particular tax fairness, does need to be a substantial part of this fiscal debate. >> but you just skated around my question, which is that if you're going to have real tax reform, almost every economist says the middle class is going to pay more, too. how are democrats going to handle...
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cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to go and so far there is not very much. remember, president obama said in the campaign he favored a balanced approach to getting over the fiscal cliff. balanced normally means about 50/50. 50% spending restraint. 50% revenue enhancement. but the president's proposal is apparently something like 80% tax increases. 20% spending restraint. unspecified. unspecified means it won't ever happen. >> jamie: what do you expect to happen given the fact that speaker boehner says that the white house is not willing to compromise on anything. if you are an american and you are sitting at home, maybe you are relying on entitlements. do you think both sides will have to cut entitlements and which ones? >> guest: entitlement reform will have to become part of a comprehensive approach early in the next year. i don't think in the holiday period you will be able to sort
cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to go and so far there is not very much. remember, president obama said in the campaign he favored a balanced approach to getting over the fiscal cliff. balanced normally means about 50/50. 50% spending restraint. 50% revenue enhancement. but the president's proposal is apparently something like 80% tax increases. 20% spending restraint....
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so you say this fiscal cliff, its fiscal nuclear bomb. what are some of the elements that concern you most? >> let's starts with this was something created by congress and signed into law by president obama. so this is not a tsunami that just came by accident, mother nature. this was created by our elected public officials. should it go off, it will be nothing short of a nuclear weapon, a fiscal nuclear weapon. we have not only the increasing of capital gains taxes and marginal tax rates but 26-28 million americans are going to be subject to the alternative minimum tax. that is potentially $3700 additional tax liability. we have the elimination of the 2% social security benefit and up to $55 billion on the social programs. $55 billion out of defense on and on. this will be nothing short of a nuclear catastrophe. >> heather: we keep hearing how this is going to affect the higher income people. according to the congressional budget office, all americans will be affected if the deal is not reached. not just in terms of revenue but job loss.
so you say this fiscal cliff, its fiscal nuclear bomb. what are some of the elements that concern you most? >> let's starts with this was something created by congress and signed into law by president obama. so this is not a tsunami that just came by accident, mother nature. this was created by our elected public officials. should it go off, it will be nothing short of a nuclear weapon, a fiscal nuclear weapon. we have not only the increasing of capital gains taxes and marginal tax rates...
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Dec 5, 2012
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the practical side those members not at the table negotiating things like the fiscal cliff and the role is something to vote on and so getting back to their districts, some of them say to you having a chance to talk with voters at home is valuable. many of them have fairly packed schedules for events at home but then you have to weigh it against the appearance of people leaving the capitol and does that suggest to people at home they aren't really as nose to the grindstone as they might be? it's an eye of the beholder moment and when you talk about a lame duck congress, here we are with many of these members waiting to have their new colleagues come in this january and tackle some of the big problems and looming deadlines. how do they shake it snout over time we have seen that the lake duck sessions are sometimes not very productive. not a lot going on. but we're certainly heavily focused on it in the last couple of weeks because of the huge problems that need to be tackled. one of the big issues is anybody really talking about what to do with the fiscal cliff other than news conference
the practical side those members not at the table negotiating things like the fiscal cliff and the role is something to vote on and so getting back to their districts, some of them say to you having a chance to talk with voters at home is valuable. many of them have fairly packed schedules for events at home but then you have to weigh it against the appearance of people leaving the capitol and does that suggest to people at home they aren't really as nose to the grindstone as they might be?...
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Nov 28, 2012
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cliff immediately but sm something in a long-term deal and president obama made it clear he wants reform. the devil's in the details and republicans want some major restructuring. democrats really mostly want to deal with the margins but there does seem to be a sense that democrats are saying to their base, look, we might be able to de-couple the bush tax cuts, have a victory and require us making a few sacrifices coming to some entitlement programs. >> we saw speaker boehner take exception to what congressman cole said regarding taxes. have we heard democrats take exception to senator durbin, the prepared remarks versus what he actually said and word that there could be a transformation of some sort to medicare? >> we heard from democrats and like the previous guests saying, look, we shouldn't look at social security. in fact, the white house is in agreement with that. they don't believe that social security is a driver of the deficit. on the other hand, you ended up seeing where -- how do you end up tweaking medicare? do you raise the eligibility age? new poll by "the washington post"/
cliff immediately but sm something in a long-term deal and president obama made it clear he wants reform. the devil's in the details and republicans want some major restructuring. democrats really mostly want to deal with the margins but there does seem to be a sense that democrats are saying to their base, look, we might be able to de-couple the bush tax cuts, have a victory and require us making a few sacrifices coming to some entitlement programs. >> we saw speaker boehner take...
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Dec 6, 2012
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from ca
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the...
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Dec 6, 2012
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cliff and they're notle to negotiate and put something on the table. we've put a good faith effort on the table and you know what, the president is the leatheaet lead. i expect him to be in washington rather than out campaigning. the campaigning is over. it's time to sit at the table with the leaders and that's what it's going to take. i'm very disappointing that's not happening. >> i want to play something that house speaker boehner had to say yesterday. >> the revenues we're putting on the table are going to come from guess who? the rich. now, there are ways to limb the deduction, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> congresswoman, the "new york times" reporting today that boehner is enjoying the broadest support he has seen in two years but as you know, a lot of conservatives are very angry over his giving any ground on revenue. is the speaker's leadership still strong in your estimation? >> i think it is. and i know that it's a very tough position for our leader to
cliff and they're notle to negotiate and put something on the table. we've put a good faith effort on the table and you know what, the president is the leatheaet lead. i expect him to be in washington rather than out campaigning. the campaigning is over. it's time to sit at the table with the leaders and that's what it's going to take. i'm very disappointing that's not happening. >> i want to play something that house speaker boehner had to say yesterday. >> the revenues we're...
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, withcause c-max alsoted beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ so we created the extraordinarily comfortable sleep number experi
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate....